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Prologis

PrologisPLDEarnings & Financial Report

NYSE · Real Estate · Industrial REITs

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of 2025, the company operates more than 15,000 land acres and over 6,000 buildings comprising about 1.

NextApr 29, 2026

PLD Q4 2025 Key Financial Metrics

Revenue

$2.3B

Gross Profit

N/A

Operating Profit

$1.6B

Net Profit

$1.4B

Gross Margin

N/A

Operating Margin

72.2%

Net Margin

62.1%

YoY Growth

2.4%

EPS

$1.49

Financial Flow

Prologis Q4 2025 Financial Summary

Prologis reported revenue of $2.3B for Q4 2025, with a net profit of $1.4B (62.1% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$2.3B
Net Profit$1.4B
Gross MarginN/A
Operating Margin72.2%
Report PeriodQ4 2025

Prologis Annual Revenue by Year

Prologis annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.8B).

YearAnnual Revenue
2025$8.8B
2024$8.2B
2023$8.0B
2022$6.0B

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$1.96B$2.01B$2.04B$2.20B$2.14B$2.18B$2.21B$2.25B
YoY Growth10.6%-18.1%6.4%16.5%9.4%8.8%8.7%2.4%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$93.31B$93.54B$95.91B$95.33B$95.99B$97.72B$98.34B$98.72B
Liabilities$35.51B$35.61B$38.24B$36.71B$37.92B$40.41B$41.13B$40.97B
Equity$53.19B$53.35B$53.07B$53.95B$53.47B$52.73B$52.64B$53.19B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$1.06B$1.09B$1.43B$1.34B$1.16B$1.24B$1.45B$1.16B